From Marketwatch: No country attracts more foreign investment dollars than the United States, according to recent data released by the Organization for International Investment. In total, the amount of money flowing in from abroad has reached $3.1 trillion through 2015. That’s an uptick of 37% since 2010.
We can thank the U.K. for a huge chunk of that.
“Although many decry the loss of American jobs to other countries, especially manufacturing jobs, foreign investments are creating many well-paying positions for American citizens,” says Raoul Amoros of cost-estimating website HowMuch.net. “This, in turn, supports the overall economy.”
He crunched the numbers and used this map to provide some perspective on where the investments are coming from in relative terms. As you can see, the U.K. is clearly the biggest, followed by Japan, the Netherlands and Canada:
Broken down by sector, the mining industry saw a huge increase in foreign direct investment from $8 billion in 2013 to $25 billion in 2014 to make it the fastest growing. Manufacturing, the biggest sector for FDIUS, grew from $74 billion to $125 billion over the same period.
Last year, foreign companies invested $353 billion in the United States, an all-time high and double the amount invested in 2014.
Competition, however, is heating up, and that can be seen by the U.S.’s shrinking share of worldwide foreign investment, which dropped from 37% in 2000 to 22% in 2015. In 2010, the U.S. share had fallen to 17% before its recent steady climb.
“The U.S. remains the most popular destination for the time being, but opportunities in China and other destinations are luring some of these funds away from the U.S.,” Amoros pointed out. “The continuing evolution of the world economic stage will be reflected in FDIUS flows in the future.”
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